Word: techs
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Dates: during 1980-1989
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...Washington next month, several high-technology companies will attempt to recruit students, using, appropriately enough, high-tech methods. Business People Inc. of Minneapolis will set up large-screen TVs at 30 of the top schools for technical education, including Rensselaer Polytechnic Institute, Stanford and the University of California, Berkeley. Then, in a Washington studio, recruiters from such companies and Government agencies as Sperry, Tektronix, Combustion Engineering, the Federal Aviation Administration and the National Security Agency will make their pitches via satellite to the assembled seniors. The students, perhaps 4,000 to 7,000 of them, will be able...
...method does have its limits. It serves only as an effective way of allowing companies to introduce themselves to students. Jobs will still be offered, and accepted, only after low-tech, face-to-face interviews...
Silicon Valley is the Yuppie stronghold, and the computer boom has contributed significantly to the renewed faith in American ingenuity and, more broadly, in the American dream of boundless opportunity. The country's economic future, when viewed through a silvery high-tech scrim, does indeed look exciting. Moreover, the 21st century seems to be mingling with the 19th: entrepreneurism, led by the high-tech vanguard, has been imbued with a quasipatriotic urgency...
...done to the U.S. economy by the 1970 shutdown, which helped trigger a temporary recession. The auto industry today simply does not enjoy the commanding position in the economy that it had 14 years ago. During the intervening years, banking, retailing and other service industries, plus the new high-tech fields of semiconductors and computers, have become more important, and foreign manufacturers now hold 23% of the U.S. market, vs. 15% in 1970. One American worker in six was employed by the auto industry either directly or indirectly in the 1960s. Today that figure is only about one in twelve...
When electrical problems delayed the launching of the space shuttle Discovery last June, NASA blamed a faulty microchip supplied by Texas Instruments. Now the Pentagon is trying to determine whether defective microcircuits from T.I. are also embedded in the computer systems of many of its high-tech weapons. Defense officials last week embargoed deliveries of military equipment containing the suspect chips and disclosed the "possibility of a criminal investigation" into how T.I.'s chips were tested...